In recent years, South Asia has been beset with an unprecedented combination of negative shocks. In Sri Lanka, an economic crisis on the heels of COVID-19 pushed approximately 3 million people into poverty...
The objective of this toolkit is to provide a set of guiding questions to collect data for a comprehensive description of an LTC landscape in any country. Such a tool should cover all the areas that makeup...
As people grow older, they are increasingly likely to lose the functional ability that enables them to care for themselves, stay active in their community, and to ultimately pursue what they have reason...
The Long-Term Care (LTC) assessment toolkit is a guide for a systematic and exhaustive assessment of LTC demand and supply in a country.
How the government of Maldives chooses to spend state revenues has consequences for the country’s future? Decisions on what, where, how, and how much governments spend on have a significant impact on a...
The report provides recent macroeconomic developments, outlook, and risks that Mongolia faces. The timing of the release of this report is ideal considering that, the Mongolian economy, which was recovering...
Malaysia’s economy has been severely affected by the COVID-19 (coronavirus) pandemic. In 2020, Malaysia’s economy is projected to contract by 3.1 percent. In Q1 2020, growth slowed to just 0.7 percent...
Malaysia’s economy has been severely affected by the COVID-19 (coronavirus) pandemic. In 2020, Malaysia’s economy is projected to contract by 3.1 percent. In Q1 2020, growth slowed to just 0.7 percent...
This report is the latest in a series of World Bank reports on pensions in Mongolia and was prepared in late 2019 at the request of the Ministry of Labor and Social Protection. This report discusses the...
Malaysia is no stranger to external shocks affecting its macroeconomy. Over the past two decades, it was buffeted by the 1997 Asian Financial Crisis (AFC), the 2001 global slowdown after 9/11, and the...
This report was prepared at the request in mid-2018 of the Secretaries of Finance for the Pakistan Federal Ministry of Finance, the Sindh Ministry of Finance and Punjab Ministry of Finance. Missions visited...
Nonfinancial defined contribution (NDC) schemes offer governments desirable properties in terms of efficiency, fairness, and financial sustainability and an opportunity to deflect the blame for pension...
This report evaluates the adequacy and sustainability of the Mongolian pension insurance scheme. It analyzes recent changes to pension parameters including amendments enacted in 2017 and early 2018. The...
At the request of the Philippines Social Security System (SSS), the World Bank prepared a report toanalyze key challenges and propose reform options to improve the sustainability and expand thecoverage...
This report was prepared at the request of the Philippines Social Security System (SSS) to analyze key challenges and propose reform options to improve the sustainability and expand the coverage of old...
This report provides an initial stocktaking of the characteristics, environment and performance of public and private pensions and elderly assistance programs in Sub-Saharan Africa. It identifies key challenges...
China is at a critical juncture in its economic transition. A comprehensive reform of its pension and social security systems is an essential element of a strategy aimed toward achieving a harmonious society...
Pension and social insurance programs that prevent a substantial loss in consumption resulting from old age, disability, or death are an integral part of any social protection system. The dual objectives...
The impact of good governance on investment management and performance is immense. Several key factors contribute to good governance within pension funds, appropriate governance structures; well-defined...
The international financial crisis has severely affected the value of pension fund assets worldwide. The unfolding global recession will also impose pressures on public pension schemes financed on a pay-as-you-go...